Principal Global Services Team Manager Salaries by 4 Employees (Updated 2025)

10 - 15 years exp.

₹11 Lakhs - ₹29.3 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Team Manager Salary in Insurance Companies for 10 - 15 years of experience

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Last Updated: 8 Feb 2025

Companies similar to Principal Global Services for Team Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Team Manager Salary 0 - 10 years exp. (15 salaries)	₹2.2 L/yr - ₹11.1 L/yr 64% less
MetLife Team Manager Salary 5 - 17 years exp. (12 salaries)	₹13.7 L/yr - ₹34.4 L/yr 21% more
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ManipalCigna Health Insurance Team Manager Salary 6 - 14 years exp. (9 salaries)	₹4.5 L/yr - ₹6 L/yr 71% less
Magma HDI General Insurance Team Manager Salary 5 - 16 years exp. (8 salaries)	₹7.5 L/yr - ₹13 L/yr 49% less
Future Generali India Life Insurance Team Manager Salary 0 - 15 years exp. (7 salaries)	₹3.9 L/yr - ₹10 L/yr 66% less
Medi Assist India Team Manager Salary 4 - 13 years exp. (6 salaries)	₹4.7 L/yr - ₹12 L/yr 63% less
Edelweiss Life Insurance Team Manager Salary 5 - 9 years exp. (6 salaries)	₹5.5 L/yr - ₹16.6 L/yr 51% less
Royal Sundaram General Insurance Team Manager Salary 8 - 22 years exp. (5 salaries)	₹6.1 L/yr - ₹16 L/yr 44% less
Aviva Life Insurance India Team Manager Salary 8 - 10 years exp. (4 salaries)	₹6 L/yr - ₹14.9 L/yr 51% less
Aditya Birla Health Insurance Co Team Manager Salary 5 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹16.2 L/yr 47% less
Allianz Team Manager Salary 5 - 16 years exp. (4 salaries)	₹5.8 L/yr - ₹29.6 L/yr 11% more
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Chubb Team Manager Salary 10 - 11 years exp. (4 salaries)	₹22 L/yr - ₹26 L/yr 28% more
Liberty General Insurance Team Manager Salary 3 - 14 years exp. (4 salaries)	₹6 L/yr - ₹7.8 L/yr 64% less
Swiss Re Team Manager Salary 7 - 12 years exp. (3 salaries)	₹18 L/yr - ₹40 L/yr 50% more
Allianz Partners Team Manager Salary 8 - 10 years exp. (3 salaries)	₹8 L/yr - ₹32 L/yr 17% more
IndiaFirst Life Insurance Team Manager Salary 4 - 8 years exp. (3 salaries)	₹5.3 L/yr - ₹10.1 L/yr 58% less
Aegon Life Insurance Team Manager Salary 6 - 10 years exp. (3 salaries)	₹14 L/yr - ₹35.5 L/yr 39% more
Cholamandalam MS General Insurance Team Manager Salary 2 - 6 years exp. (3 salaries)	₹10 L/yr - ₹26 L/yr 5% less
Guardian India Team Manager Salary 10 - 14 years exp. (3 salaries)	₹13.5 L/yr - ₹22 L/yr 12% less
Pramerica Life Insurance Team Manager Salary 3 - 15 years exp. (3 salaries)	₹4.3 L/yr - ₹8.7 L/yr 70% less

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Team Manager salary at Principal Global Services ranges between ₹11 Lakhs to ₹29.3 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Principal Global Services.

Experience wise Principal Global Services Team Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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14 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
15+ years (AmbitionBox Estimate)	₹26.4 L/yr - ₹33.7 L/yr

Similar Designation salaries in Principal Global Services

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Team Lead Salary

(18 salaries)

₹10.69 L/yr - ₹23.38 L/yr

Project Manager Salary

(3 salaries)

₹20 L/yr - ₹40 L/yr

Operations Manager Salary

(11 salaries)

₹15 L/yr - ₹27 L/yr

Senior Analyst Salary

(138 salaries)

₹4.94 L/yr - ₹17.36 L/yr

Senior Associate Salary

(13 salaries)

₹4 L/yr - ₹9.87 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Operations Manager Salary

(5 salaries)

₹30 L/yr - ₹40 L/yr

Service Delivery Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Principal Global Services

Senior Analyst in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 23 Dec 2021

5.0

for Salary and Benefits

Likes

Company gives very good compensation to their employees. Work life balance is also good.Management team is very employee friendly. Managers and teammates are very supportive. Company has a user-friendly portal for their employees. Overall very good company to work.

Salary - Excellent

+6 more

Dislikes

Company has changed their notice period policy. Notice period is of 3 months. IJP opportunities are very less in my project. Carrer growth is very less. On site opportunities and business trips are only for higher management.

Senior Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 Feb 2025

2.0

for Salary and Benefits

Likes

Initial work culture of Principal was very good early management used to focus on employees growth , learning with. No micro-management but starting from what you are wearing to what are doing everything is monitored .

Dislikes

No better salary hikes Micro-management Focus shifting towards cost cutting and being like service based company instead of product Not good for career growth Management will focus more on you wearing collared shirt with tucking instead of quality delivery

Salary - Poor

+2 more

IT Infrastructure Engineer in Pune

Full Time

Project & Program Management Department

4.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

1. Work life balance 2. Flexibility 3. Hybrid work mode

Job security - Good

+2 more

Dislikes

...eason 3. Notice period is 3 months 4. Lack of maturity with new management 5. No HR - Employee colloboration rather blind trust on managers on even salary discussion. 5. No way to get individual Manager's feedback rather as group which helps poor manager to be still safe side.

Business Analyst in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 14 Jan 2025

1.0

for Salary and Benefits

Likes

When I was working there its medical insurance and transport facility were was very good

Dislikes

...t Performance team. Their managers are useless, and use PIP to fire employees 6. DO NOT join even if you are getting the best or your dream package/CTC

Salary - Bad

+6 more

Analyst in Pune

Full Time

Other Department

4.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

I did like the culture of PGS before 3 year. Now in these days the function has been changed and only the relationship with our manager and understanding that is good.

Skill development - Good

+1 more

Dislikes

...payment method and the promotion structure. PGS have a term that called Prinpay. That means you have to keep your 10% of salary deposited to company till a financial year. Once that year ended then you will receive the amt from that 10%. It depends on your and companies performance. That means you will never get your entire 10%. You will always received an X amt from that 10%. And they also called it as performance incentive.

Promotions - Poor

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Principal Global Services Team Manager Salary FAQs

What is the salary of Team Manager at Principal Global Services ?

The average salary of a Team Manager at Principal Global Services in India typically ranges from ₹11.0 Lakhs to ₹29.3 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Team Manager at Principal Global Services earn more than ₹29.3 Lakhs per year, and the top 1% earn over ₹29.3 Lakhs per year. Team Manager Salaries at Principal Global Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Principal Global Services employees in India.

What is the estimated take home salary of a Team Manager at Principal Global Services in India?

The estimated take-home salary of a Team Manager at Principal Global Services in India typically ranges from ₹1,26,815 to ₹1,30,978 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹29.3 Lakhs per year for employees with experience ranging from 10 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Principal Global Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Principal Global Services for Team Manager in India?

Swiss Re	₹18.0 Lakhs to ₹40.0 Lakhs per year
Aegon Life Insurance	₹14.0 Lakhs to ₹35.5 Lakhs per year
Axa XL	₹20.0 Lakhs to ₹28.0 Lakhs per year
Chubb	₹22.0 Lakhs to ₹26.0 Lakhs per year
MetLife	₹13.7 Lakhs to ₹34.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Principal Global Services, depending on the role and experience level.

What is the salary of a Team Manager in companies similar to Principal Global Services in India?

The salary of a Team Manager at companies similar to Principal Global Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allianz Partners	₹8.0 Lakhs to ₹32.0 Lakhs per year
Allianz	₹5.8 Lakhs to ₹29.6 Lakhs per year
Cholamandalam MS General Insurance	₹10.0 Lakhs to ₹26.0 Lakhs per year
Guardian India	₹13.5 Lakhs to ₹22.0 Lakhs per year
Royal Sundaram General Insurance	₹6.1 Lakhs to ₹16.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Team Manager at Principal Global Services in India?

The salary growth for a Team Manager at Principal Global Services depends on factors such as experience, performance, and promotions. On average, a Team Manager can expect the following growth trajectory at Principal Global Services:

Experience	Average Salary Range
10 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
12 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
14 years	₹22.5 Lakhs to ₹28.8 Lakhs per year
15 years	₹26.4 Lakhs to ₹33.7 Lakhs per year

and so on.

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Principal Global Services Team Manager Salaries

Principal Global Services Team Manager salary in India ranges between ₹11 Lakhs to ₹29.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Principal Global Services latest salaries received from various employees of Principal Global Services.